Economy

Nat’l grid to get 7 megawatt power soon

Ilam / February 2: The Sanima Mai Hydropower Project has generated seven megawatt electricity from its cascade project based at Danabari and Chisapani VDCs in Ilam district. The project has started its test production recently by completing the entire construction works. Administrative Officer of the project, Basanta Poudel, said that the power generated from the […]


Reservoir hydel projects to be focused while announcing energy crisis

Kathmandu / January 30: The government has decided to give priority to the construction of reservoir-based projects, realising that this type of projects are more beneficial than run-of-river hydropower projects during energy crisis. The government has planned to announce energy crisis within the new few days with a special focus on the construction of big […]


Agreement on importing 300 MW of electricity from India

Kathmandu / January 29: The government is to import 300 megawatt of electricity from India within the next one and half year. The joint standing committee meeting of energy secretaries of Nepal and India here Friday agreed on the import of 80 MW of electricity from the Dhalkebar-Mujjafpur cross-border transmission line within the next three […]


Ministry to distribute ID card to poor citizens

Kathmandu / January 27: The Ministry of Cooperatives and Poverty Alleviation is to identify the poor citizens in different 25 district and provide them identity card. The Ministry has intensified the task of identifying the poor citizens through household coordination board in the 25 districts. A social security programme will be launched after distributing the […]


NAC to purchase two wide-body aircraft within a year

Kathmandu / January 25: Nepal Airlines Corporation (NAC), the national flag carrier, Monday unveiled a three-year reforms plan that includes the purchasing of two wide-body aircrafts within a year. The expansion of its international services with three new destinations–Guangzhou and Kunming of China and Kolkata of India within June this year is also part of […]


Hetauda-Kathmandu tunnel project falls in government priority, says Dahal

Hetauda / January 23: UCPN (Maoist) Chair Pushpa Kamal Dahal said the construction of Hetauda-Kathmandu tunnel is the top priority of the government. Inaugurating the 49th AGM of Makwanpur Chamber of Commerce and Industry here today, the Chairman Dahal said the project falls in the government priority as it will help create employment opportunity with […]


Agriculture Dev Bank to invest further investment in agro sector

Kathmandu / January 21: The Agriculture Development Bank is to invest special investment for the commercialization and modernization of agriculture of 14 quake-hit districts. The Bank has Rs 13 billion as authorized capital and Rs 9.86 billion as current capital. At a programme organised on the occasion of 49th anniversary of the Bank here today, […]


ADB to broaden investment scope in Nepal in implementation capacity enhanced

Kathmandu / January 21:The Asian Development Bank will increase its annual lending to Nepal by 60 per cent in projects running with it funding, provided the work implementation capacity is enhanced. On the occasion of the opening session of the annual Country Portfolio Review Mission of ADB projects in Kathmandu on Thursday, Finance Secretary Lok […]


Rs 700 billion estimated budget for Nijgadh int’l airport: Minister Pokhrel

Kathmandu / January 20: Minister for Culture, Tourism and Civil Aviation, Anand Prasad Pokhrel, has said the government has estimated the budget of Rs 700 billion for the construction of Nijgadh international airport in five phases. At a programme organized by Reporters’ Club in the capital city on Wednesday, Minister Pokhrel said works on construction […]


Chinese government agrees for smooth operation of northern border points-Finance Minister

Kathmandu / January 18: Minister for Finance Bishnu Poudel has said that the Chinese government has agreed to operate northern border points including Tatopani towards China in a smooth manner. Finance Minister Poudel who returned home today after attending the inaugural ceremony of the Asian Infrastructure Investment Bank (AIIB) said that the Chinese government was […]




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